An individual investor can reduce the risk of investing by selecting a bundle of different types of financial assets.
Answer the following statement true (T) or false (F)
True
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The nominal exchange rate is 4 Saudi Arabian riyals, 8 Moroccan dirham, 60 Indian rupees, or .8 euros per U.S. dollar. A fast food breakfast costs $5 in the U.S., 30 riyals in Saudi Arabia, 40 Moroccan dirham in Morocco, 250 Indian rupees in India, and 5 euros in France. According to these numbers, where is the real exchange rate between American and foreign goods the lowest?
a. Saudi Arabia b. Morocco c. India d. Britain
Inflationary recessions
A. cannot possibly occur. B. have not occurred over the last 50 years. C. are easily dealt with by conventional monetary and fiscal policies. D. have occurred during 1970's and 1980's.
Economics is primarily:
A. an observational science. B. a normative science. C. a natural science. D. a laboratory science.
In Figure 32.1, at the supported price-quantity combination where production is limited, the value to consumers is 
A. 0PfloorBQD. B. 0ABQD. C. 0HCQ*. D. 0P*CQ*.